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Is LCID stock a good growth stock?

But through it all, LCID stock has been a standout for a growth stock of its caliber. In January and while the tech-heavy, large-cap Nasdaq has plunged lower by nearly 11.50% and TSLA has skidded by 12%, Lucid shares are off fractionally by 0.79%. There’s good reason for the relative traction in LCID stock too.

Is LCID stock a buy or hold?

On TipRanks, LCID stock is a Hold based on three Buy, one Hold, and two Sell recommendations. Meanwhile, due to the 68% decline in its price, LCID’s average price target of $18.80 implies 39.3% upside potential.

Is the big money buying stocks like LCID?

And there are a lot of investors that don’t even remember what the world was like before 2008. What that has meant for stocks like LCID is that the big money isn’t just buying and hoping. Now the big money is buying what performs and has the growth and earnings to back it up.

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